WWA reaches 100th auction milestone in Dubai

Dubai WWAuctions reaches 100th auction milestone

WWA first opened its Dubai auction floor in 2001
World Wide Auctioneers is celebrating after holding its 100th Dubai auction, in September, a sale yielding gross auction sales of over $16 milliion. Based in the Jebel Ali Free Zone for 12 years, in its 100 auctions it has sold over $1.24 billion worth of heavy equipment and vehicles at its Dubai auctions. 

“In many ways this was a typical auction for us,” stated Keith Lupton, WWA’s VP for Sales in the Middle East. “We sold 1,242 lots of equipment for 157 consignors from 19 countries. 361 bidders from 21 countries registered, and 187 made winning bids. We had winning online bidders from the UAE, Qatar, Malaysia, and Singapore. All of these figures are consistent with our recent averages.

“Our 100th Dubai auction is still a major milestone for us, as a demonstration our commitment to this market and its potential.”

Founded in 2001, WWA has held auctions in major global markets including The UAE, Qatar, Saudi Arabia, Lebanon, Australia, Indonesia, the Philippines, China, the Netherlands, India, and the USA.

“We’ve worked all over the world,” continued Lupton, “but Dubai remains the core of our business. We came here in 2001, when the local equipment market was in its infancy. We were here for the boom, for the correction, and the recovery that’s now in progress. We’re part of this market and we intend to stay and serve this market to the best of our ability.”

Keith Lupton is a well-known and respected figure in the auctioneer and equipment trade in the region. Highlights of the WW Auctions calendar include the night auctions held during Ramadan.

World Wide Auctioneers is a global asset disposal firm handling construction, industrial, and marine equipment. The company specialises in earthmoving equipment and trucks, and sells a wide variety of related items at each sale. The company also owns a RO RO /heavy lift shipping vessel and is experienced in regional and worldwide export and transport.



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